News / Features
According to the most recent Case-Shiller indices, Miami’s index was marked at 138.60 this May, experiencing a 1.2 percent increase (non-seasonally adjusted) since April, after a slight -0.2 drop from March to April; the yearly change is -5.3 percent.
In an effort to predict the demands for building within the current housing market, Builder Magazine installed the PRIZM model, a tool that is made up of 66 segments typically used to describe “demographic, psychographic, and behavioral similarities in
A recent comparison by Agent Genius showed that while many criticize Google and Facebook’s annual lobbying costs, those for NAR and NAHB are within the same
Bankrate’s 2011 Closing Costs Survey demonstrated that while home prices are tumbling, closing costs are still on the rise in most states–with an increase of 8.8 percent nationwide, compared to 2010. Nationwide, the average closing cost is now $4,070
Today, NAR reported that home sales dropped 0.8 percent, to 4.77 million, this June–8.8 percent below June 2010’s sale of 5.23 million
Miami earned a walkability score of 72.5 out of 100, making the city the eighth most walkable city (out of the nation’s 50 largest cities), according to Walk Score. Of all Miami neighborhoods, 99 percent have a walk score
A pending Miami Beach ordinance may require community associations to pay fines for their “neighbor’s inability to put a plastic water bottle in the correct trash bin,” according to the Sun Sentinel. The ordinance would also fine those who
In the second quarter, Bank of America posted a $8.8 billion loss, following the $8.5 billion settlement with investors regarding troubled mortgage-backed
Natalie Anne Belmonte, a 43-year-old real estate agent, disappeared around 2:30 a.m. on Sunday; foul play is suspected, as many of Belmonte’s personal belongings were found in her car which was parked at her home, said NBC Miami; she
July brings a modest increase in homebuilder confidence, with the National Association of Home Builders/Wells Fargo sentiment index increasing to 15 (from 13 in June), according to Bloomberg
According to New Geography, approximately 64 percent of Millennials–those born between 1982-2003–are focused on the importance of owning a home, with 20 percent saying it is one of the most important priorities in life, followed by being a good
Once regarded as the highest-priced home in the U.S. with a price tag of $150 million, the former Los Angeles County home of Candy Spelling has sold for a drastically reduced price of $85 million (43 percent less) after
The 30-year fixed-rate mortgage (FRM) is down to 4.51 percent (with an average 0.7 point) this week and 15-year rates dropped to 3.65 percent (with an average 0.6 point), according to MarketWatch. While neither drop is incredibly drastic, it
Zillow found that home sellers who bought their home after 2007’s housing bubble burst have a tendency to overprice their home by 14.1 percent more than those who bought a home during or before the bubble, said Agent
Many are familiar with the case of the recent murder of Ashley Okland, the Des Moines, Iowa Realtor who was shot and killed at the open house she was showing. While the case (now active for three months) has
The job market for construction seems to be recovering; even as the entire economy experienced a 10 percent increase in layoffs, from May to June – to the highest level since August 2010 – construction hires and openings proved
